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    3212 Airway Ave Bismarck, ND 58504

    For Sale
    $295,800

    Spacious shops, ideal for business or personal use.

    Property size:
    2,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial condo opportunity in south Bismarck offers 2,040 square feet of versatile space, perfect for a variety of businesses or personal use. Located with convenient access to the Bismarck Expressway and I-94, these customizable units boast 14x14 overhead doors with openers and WIFI capabilities, 16-foot sidewalls, and energy-efficient radiant heat. Each unit includes hot and cold water, a trench floor drain, and robust 220A-220v 3-phase electrical power. A front office with a window features a PTAC heating and A/C unit, while the bathroom offers a toilet, sink, and a 50-gallon water heater, with options for a shower and laundry area. Facilitating efficient operations, the units include front and rear service doors. The development provides ample parking with 137 spaces, plus lighted exterior and signage space. The homeowner's association handles snow removal, water, sewer, exterior maintenance, and exterior insurance, with estimated monthly fees of $0.50 per square foot annually. Some units offer additional secured outside fenced storage areas, with gate access for end units or drive-thru access for interior units. Lease rates are $9.00 per square foot NNN, with tenants responsible for association fees, annual taxes, special assessments, and utilities. Taxes and special assessments require verification by the buyer. Please note that some photos depict completed units and units under construction.

    Property Features for 3212 Airway Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,040 SF
    Lot Size
    145,055 SF

    Building Details

    Year Built
    2022
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Pharmacy Clothing Store Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7426
    Latitude
    46.78807

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious shops, ideal for business or personal use.
    Where is this commercial real estate located?
    The property is located at 3212 Airway Ave Bismarck, ND.
    What is the asking price?
    The asking price for this property is $295,800.
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    3212 Airway Ave Bismarck, ND 58504
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    Bismarck, ND 58504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3212 Airway Ave Bismarck, ND 58504
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